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Budget effect on bse (Sensex and nse nifty) under various nda and upa union budgets
Published in Research India Publications
Volume: 10
Issue: 24
Pages: 44480 - 44482
The budget presented by the finance minister of India, usually at the end of February every year is a major event in India. Since the budget will contain policy statement by the government, it will have both favourable and unfavourable impact on companies, individuals, business and economy. Hence, the share prices will reflect the reactions of investors’ sentiments for the policies of the government as contained in the budget. Speculation with regard to the budget will influence business activity. In the past, budget always contained some duties on many products which resulted in an increase in price after the budget. “Budget will invariably push up the prices of many commodities” was the generally held view in India. This paper tries to analyse the volatility in BSE Sensex and NSE Nifty during various budgets presented by various Finance Ministers of UPA and NDA Governments. © Research India Publications.
About the journal
JournalInternational Journal of Applied Engineering Research
PublisherResearch India Publications